XL

0.750

(%)

OTHERS XIAN LENG HOLDINGS BERHAD ("XIANLNG" OR THE "COMPANY") - SUBSCRIPTION THE ENTIRE ISSUED AND PAID-UP CAPITAL OF XL FEEDMILL SDN. BHD., XL GLOVE SDN. BHD. AND XL HATCHERY SDN. BHD.

XIAN LENG HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
XIAN LENG HOLDINGS BERHAD ("XIANLNG" OR THE "COMPANY") - SUBSCRIPTION THE ENTIRE ISSUED AND PAID-UP CAPITAL OF XL FEEDMILL SDN. BHD., XL GLOVE SDN. BHD. AND XL HATCHERY SDN. BHD.

The Board of Directors of the Company wishes to announce that Xianlng had on 15 January 2021 subscribed for the entire issued and paid-up capital of the following private limited companies incorporated under the Companies Act, 2016 on 15 January 2021:-

 

 

Company Name

Date of Incorporation

Amount of Shares / Consideration

 

Nature of Business

1.

XL Feedmill Sdn. Bhd.

 

15 January 2021

10,000 Shares / RM10,000.00

 

TO CARRY ON THE BUSINESS OF MANUFACTURERS, SELLER,

BUYER, DEALERS, WHOLESALERS, SUPPLIERS, DISTRIBUTORS, MERCHANTS, AGENTS OF FISH FEEDS, AQUATIC PRODUCTS FOR

AQUACULTURE SECTOR AND TRADING IN MARINE PRODUCTS.

 

2.

XL Hatchery Sdn. Bhd.

 

15 January 2021

10,000 Shares / RM10,000.00

 

1) TO CARRY ON THE BUSINESS OF RETAILERS, WHOLESALERS,

DISTRIBUTORS, AGENTS, MERCHANTS, IMPORTERS AND

EXPORTERS OF LIVE AQUACULTURE TO BE USED GENERALLY FOR THE SUPPLY OF AQUACULTURE AND TO DEAL GENERALLY IN SUCH

AQUACULTURE WHETHER OR NOT IMPORTED FROM ABROAD AND

TO CARRY ON THE BUSINESS OF BREEDING, IMPORTING AND

EXPORTING OF ALL TYPES OF AQUATIC CREATURES BOTH FOR

AQUARIUM AND EDIBLE SPECIES.

 

2) TO CARRY ON THE BUSINESS

BY UNDERTAKE THE WHOLE OR ANY PART OF THE BUSINESS IN

RELATION TO AQUACULTURE INCLUDING, BUT NOT RESTRICTED TO, CULTIVATION OF AQUATIC FRIES, HATCHERY, BREEDING AND

REARING OF FISHES AND OTHER AQUATIC CREATURE AND TO

CARRY ON ALL OTHER BUSINESSES SIMILAR OR ANALOGOUS TO THE FOREGOING OR CONNECTED THEREWITH WHICH MAY SEEM TO

THE COMPANY CAPABLE OF BEING CONVENIENTLY CARRIED ON OR CALCULATED TO DIRECTLY OR INDIRECTLY ENHANCE THE VALUE OF OR RENDER MORE PROFITABLE ANY OF THE COMPANY'S PROPERTIES OR RIGHTS.

 

3.

XL Glove Sdn. Bhd.

 

15 January 2021

50,000 Shares / RM50,000.00

 

TO CARRY ON THE BUSINESS AS MANUFACTURERS AND DEALERS IN RUBBER GLOVES AND RUBBER GOODS OF EVERY KIND OR DESCRIPTIONS AND TO ACT AS IMPORTERS, EXPORTERS, WHOLESALERS, RETAILERS, AGENTS, PROCESSORS, MERCHANTS,

HIRE PURCHASE DEALERS, REPRESENTATIVES, DISTRIBUTORS OF RUBBER GLOVES AND RELATED PRODUCTS.

 

 

This subscription will not have any material effect on the earnings and net assets of the Xianlng Group for the financial year ending 31 January 2021. 

 

 

This announcement is dated 2 February 2021.






Announcement Info

Company Name XIAN LENG HOLDINGS BERHAD
Stock Name XIANLNG
Date Announced 02 Feb 2021
Category General Announcement for PLC
Reference Number GA1-02022021-00022